REGISTERED COMPANY NUMBER: SC226944 (Scotland)

REGISTERED CHARITY NUMBER: SC32612

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 July 2025

for

R.H.E.T. Forth Valley Countryside

Initiative

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

to

7

Notes to the Financial Statements

8

to

11

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and activities

The principal activity of the charity is to promote the bringing together of urban and rural through farm visits and trained speakers attending schools.

The RHET Forth Valley Countryside Initiative (RHET FVCI) aims to provide schools in Clackmannan, Falkirk and Stirling areas with the provision of farm visits, classroom speakers and resources in school.

The charity aims to advance public education by:

1. The promotion and encouragement of the dissemination of information concerning Scottish Wildlife, agriculture, forestry, rural industries and the countryside

2. Increasing the general public's awareness of the symbiosis and the biological diversity, rural environment, countryside life and economy in Scotland

3. Improving the general public's understanding of the policies and actions necessary to sustain long-term food and timber production, and provision for wildlife and its habitats

The objectives are achieved by carrying out and developing at a local level the activities of the charitable body with which the Company is and shall (subject as after mentioned) remain affiliated, namely, The Royal Highland Education Trust ( a company limited by guarantee, incorporated in Scotland with registered number SC123813, and being Scottish Charity number SC007492), hereinafter referred to as "RHET"); The operations of the Company are confined to the designated geographical area known generally as the Forth Valley Countryside Initiative area, being the present local authority areas of Clackmannan, Falkirk and Stirling.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

FVCI have 18 risked assessed farms.

In January, for our Big Breakfast Challenge Shield , was jointly won by Kincardine in Menteith Primary and Larbert High School.

We achieved 37 Farm visits engaging with 704 pupils and 155 Adults, 4 Food and Farming Days engaging with 868 Pupils and 222 Adults.We facilitated 39 Classroom talks with 1251 pupils and 68 adults .

Early Years boxes were requested 19 times engaging with 709 pupils and 103 adults.

We facilitated projects with potato growing and Reindeer Dust engaging with 5054 pupils and 157 adults. Every primary one class in Forth Valley took part in Reindeer dust .

The Potato growing project was won by Borestone Primary School .

Digital classroom talks to a farmer was a great success in Forth valley and Nationally . Rhet Forth Valley attended 3 agricultural shows .

Fundraising activities

We have not carried out any fundraising activities in this year .

FINANCIAL REVIEW

Financial position

The income for the period was £2,769 (2024: £44,866) with resources expended of £8,817 (2024: £8,779 ). As at 31 July 2025 unrestricted funds amounted to £53,241 (2024: £59,289). The unrestricted funds will be applied to meet the ongoing costs of the charity and to fund future projects. The restricted funds amounted to £432 (2024: £432). The total of the unrestricted and restricted funds for the year is £53,673 (2024: £59,721) and represents the net assets and reserves for the year.

Reserves policy

The aim of the Company is to maintain reserves sufficient to meet the ongoing costs of the charity and their business objectives.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The organisation is a charitable company limited by guarantee, incorporated and registered as a charity on 14 January 2002. The company was established under the Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up the directors liability is limited to £1. The director's administer the company and meet on a monthly basis.

Forth Valley Countryside Initiative appoint directors who show a genuine interest towards food farming and the countryside and an enthusiastic attitude for passing on this knowledge to the children and adults in Forth Valley.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

SC226944 (Scotland)

Registered Charity number

SC32612

Registered office

Bogend Farm

Bogend Road

Falkirk

FK8 2SH

Trustees

J D R Mclaren

J Owen

Mrs L R Reid

J Warnock

J Muir

E M Duncan

G G Sutherland

Mrs A Logan Veternary Surgeon

D A Lyle NFU Agent

Mrs S Mcrobert Finance Administrator

Company Secretary

J Muir

Independent Examiner

Ian Bilsland

Drummond Laurie CA

Unit 5

Gateway Business Park

Beancross Road

Grangemouth

FK3 8WX

Approved by order of the board of trustees on 6 October 2025 and signed on its behalf by:

J Muir - Trustee

I report on the accounts for the year ended 31 July 2025 set out on pages five to eleven.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention.

Basis of the independent examiner's report

My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention :

(1)	which gives me reasonable cause to believe that, in any material respect, the requirements

-	to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and

-	to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations

have not been met; or

(2)	to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Ian Bilsland

The Association of Chartered Certified Accountants

Drummond Laurie CA

Unit 5

Gateway Business Park

Beancross Road

Grangemouth

FK3 8WX

6 October 2025

31.7.25

31.7.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

1,536

-

1,536

42,146

Charitable activities

Charitable activities

94

-

94

1,993

Investment income

2

784

-

784

384

Other income

355

-

355

343

Total

2,769

-

2,769

44,866

EXPENDITURE ON

Charitable activities

Charitable activities

8,817

-

8,817

8,779

NET INCOME/(EXPENDITURE)

(6,048

)

-

(6,048

)

36,087

RECONCILIATION OF FUNDS

Total funds brought forward

59,289

432

59,721

23,634

TOTAL FUNDS CARRIED FORWARD

53,241

432

53,673

59,721

31.7.25

31.7.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Cash at bank

54,307

432

54,739

60,370

CREDITORS

Amounts falling due within one year

5

(1,066

)

-

(1,066

)

(649

)

NET CURRENT ASSETS

53,241

432

53,673

59,721

TOTAL ASSETS LESS CURRENT LIABILITIES

53,241

432

53,673

59,721

NET ASSETS

53,241

432

53,673

59,721

FUNDS

6

Unrestricted funds:

General fund

53,241

59,289

Restricted funds:

Restricted fund

432

432

TOTAL FUNDS

53,673

59,721

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 6 October 2025 and were signed on its behalf by:

L R Reid - Trustee

S Mcrobert - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds are those that may be used at the discretion of the trustees in furtherance of the objects of the charity. The trustees maintain a single unrestricted fund for the day-to-day running of the charity.

Governance costs

Governance costs comprise those costs directly attributable to the governance of the charity. This includes accountancy fees and legal fees.

2.	INVESTMENT INCOME

31.7.25

31.7.24

£

£

Bank interest receivable

784

384

3.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024.

4.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

42,146

-

42,146

Charitable activities

Charitable activities

1,993

-

1,993

Investment income

384

-

384

Other income

343

-

343

Total

44,866

-

44,866

EXPENDITURE ON

Charitable activities

Charitable activities

8,779

-

8,779

NET INCOME

36,087

-

36,087

RECONCILIATION OF FUNDS

Total funds brought forward

23,202

432

23,634

TOTAL FUNDS CARRIED FORWARD

59,289

432

59,721

5.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Accrued expenses

1,066

649

6.	MOVEMENT IN FUNDS

Net

movement

At

At 1.8.24

in funds

31.7.25

£

£

£

Unrestricted funds

General fund

59,289

(6,048

)

53,241

Restricted funds

Restricted fund

432

-

432

TOTAL FUNDS

59,721

(6,048

)

53,673

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

2,769

(8,817

)

(6,048

)

TOTAL FUNDS

2,769

(8,817

)

(6,048

)

Comparatives for movement in funds

Net

movement

At

At 1.8.23

in funds

31.7.24

£

£

£

Unrestricted funds

General fund

23,202

36,087

59,289

Restricted funds

Restricted fund

432

-

432

TOTAL FUNDS

23,634

36,087

59,721

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

44,866

(8,779

)

36,087

TOTAL FUNDS

44,866

(8,779

)

36,087

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.8.23

in funds

31.7.25

£

£

£

Unrestricted funds

General fund

23,202

30,039

53,241

Restricted funds

Restricted fund

432

-

432

TOTAL FUNDS

23,634

30,039

53,673

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

47,635

(17,596

)

30,039

TOTAL FUNDS

47,635

(17,596

)

30,039

7.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 July 2025.